CAPITAL GAIN TAX ON MUTUAL FUNDS

Will there be capital gain tax levied on a limited liability partnership for selling it's mutual funds?
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Quick Summary
This discussion explores whether a Limited Liability Partnership (LLP) is liable for capital gains tax when selling mutual funds. It seeks clarification on the relevant assessment years (AY) and the specific periods of purchase and sale, acknowledging the complexity of LLP taxation.

In which AY AND WBEN IT WAS PURCHASED AND SOLD?
Elaborate more as LLP is vast n taxation is too

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